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Santander Bank: Current Mortgage Rates, Savings Accounts & CDs, Reviews & Complaints

Santander

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Santander Bank, formerly Sovereign Bank, has over 700 community banking offices, and more than 2,300 ATMs, including many ATMs located in CVS pharmacies. Santander Bank holds more than $77 billion in assets. It serves primarily the Northeast states of the United States and offers home mortgages and banking products such as CDs, savings accounts, and checking accounts.

Sovereign Bank's history dates back to 1902, when it was founded as a building & loan association to help the working class in Pennsylvania. In 2000, Sovereign acquired almost $12 billion in deposits, $8.1 billion in loans, 281 bank branches and 550 ATMs from FleetBoston Financial, which helped the bank expand into New England. The bank expanded into New York in 2006. Sovereign traded under the symbol SOV on the NYSE for many years.

In 2008, Banco Santander, the largest bank in the Eurozone, purchased Sovereign Bank, which was undergoing financial difficulties at the time. In 2013, Sovereign Bank became known as Santander Bank. This new bank appears poised for growth, as Santander is already one of the major players in global banking.

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Santander Bank Refinance & Purchase Loans

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Rates updated 05/01/2018 17:34 PM CDT. Rates are verified at the time of collection from public sources, and are subject to change at any time.

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Santander Bank CD Rates

Rates updated 05/01/2018 17:34 PM CDT. Rates are verified at the time of collection from public sources, and are subject to change at any time.

Santander Bank Savings Rates

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Rates updated 05/01/2018 17:34 PM CDT. Rates are verified at the time of collection from public sources, and are subject to change at any time.

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3 replies to “Santander Bank

  1. Yina Jul 28, 2013

    A month or so ago, I went to Sovereign Bank for the opening of a savings account and my experience was really positive. The rates were very good relative to other banks I took a look at, which is mostly the reason why I chose Sovereign in the first place.

  2. Mitchell Carter Jul 31, 2013

    I’ve had accounts with several banks in my life, and my experiences with them have mostly been enjoyable. This is mostly true of Sovereign Bank.

  3. EMi Cornett Mar 23, 2017

    I never had any problems until my ATM card was misplaced. Then I called to see if I could get it replaced, but was told I would need to physically go to the bank. So I did, and they had me fill out some forms, and that was the last thing I heard for a week. When I called again, they said that the forms had never been filed and I would need to fill them out again. Meanwhile, I’m working full time and taking online classes – I don’t have time for this when all I needed was a simple replacement! Ended up taking a little over a month to get my new card.

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